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Nov 12, 2012
11/12
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WBFF
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they have to avoid phe fiscal cliff. cliff. 3&"it's time to get back to work." with the electioo in the rearview mirror,,the focus in wassington is back on efforts to void thh economically evastating fiscal cliff."if we juut go over the cliff and let those policies staa in effect, we'ree recovery. neither party really pants to be blamed for ttat." the cliff amounns to seeen trillion dollars in spendinn cuts and taxxincreases over the next decadeethe threat of these painful cuts-- set to begin onnjanuary first-- is the president made lasttyear to ffrce thee to agree on a long-term deficit reduction plan. "this is an unprecedented scenario that congress has, basically put a shoot oursseves." so far, a id thaa long-terr plan, hasn't materialized.the biggest chunn of the cliff? the bush tax cuts.they're also a big sticking ppint. democrats pnsist cuts for families morr must end."if we're ars or - serious abouttreducing thee deficitt we have to combbnee spending cuts with revenue aad that means asking the wealthiest americcns to pay a rreublicans say that will hurt t
they have to avoid phe fiscal cliff. cliff. 3&"it's time to get back to work." with the electioo in the rearview mirror,,the focus in wassington is back on efforts to void thh economically evastating fiscal cliff."if we juut go over the cliff and let those policies staa in effect, we'ree recovery. neither party really pants to be blamed for ttat." the cliff amounns to seeen trillion dollars in spendinn cuts and taxxincreases over the next decadeethe threat of these...
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fiscal cliff fiscal cliff fiscal cliff if you completely fell off the mainstream news clip this week here's what you might have missed can you hear me now no more reindeer games in washington president obama and house speaker john boehner finally on speaking terms but the question is are they speaking each other's language when it comes to the fiscal cliff falling off the fiscal cliff into freefall is there a soft landing or not would it be the end of the world if washington failed to reach a deal to stop the more than half a billion dollars in spending cuts and tax increases from going into effect my next guest says the fiscal cliff is simply y2k fair all over again which amounted to nothing as i recall i agree we're not going to go over the cliff will hug him you know new year's eve he will be out of the work. so basically lots of speculation and very little substance but i can't say i'm not surprised particular day when i look at the recent rhetoric from this do nothing congress take us for example armed services committee just describe the looming defense cuts as quote an unaccep
fiscal cliff fiscal cliff fiscal cliff if you completely fell off the mainstream news clip this week here's what you might have missed can you hear me now no more reindeer games in washington president obama and house speaker john boehner finally on speaking terms but the question is are they speaking each other's language when it comes to the fiscal cliff falling off the fiscal cliff into freefall is there a soft landing or not would it be the end of the world if washington failed to reach a...
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cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so the next two months or six months or twelve months is irrelevant that fiscal cliff is coming the gold cliff is also coming and it's something that i think people need to be aware of that's right well actually that takes us to this next said i'm. x. gold reserves stored securely so after decades of trying the buddhist bank actually has responded to all the queries from data from large scholl from max kaiser they actually give a list of where their gold is stored and they say that despite frankfurt has one thousand and thirty six tons or thirty one percent of germany's gold the federal reserve bank of new york has one thousand five hundred thirty six tons or forty five percent of all of germany's gold bank of england has four hundred fifty tons or thirteen percent bank to france has three hundred seventy four tons or eleven percent we
cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so the next two months or six months or twelve months is irrelevant that fiscal cliff is coming the gold cliff is also coming and it's something that i think people need to be aware of that's right well actually that takes us to this next...
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Dec 15, 2012
12/12
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KRCB
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, but i think you do have to sort of look beyond the fiscal cliff, not just to the fiscal cliff. there is a lot of obsession about it for understandable reasons, if they dig in their heels there is real fiscal drag involved, we don't think that is is that is the likely scenario, we think it is much more likely they downsize the size of the cliff and maybe knock half of it off and work on the rest in early 2013, but the more important thing, tom, i think is the secular things they can do in first half of 2013 to improve the trajectory of what we are doing with our entitlement programs and with tax reforms, and if they do that, that is what i mean by looking through the cliff, if those things happen, 200013 could set up and trigger a lot of good catalysts not just in the u.s. but around the world. >> yes that's the big enchilada you are talking about with entitlement reform and tax reform, what lies beyond the cliff or for that matter, you know, what with relooking at in terms of the economy beyond it? >> well, ithink if you look at three big factors, tom, europe has gotten better
, but i think you do have to sort of look beyond the fiscal cliff, not just to the fiscal cliff. there is a lot of obsession about it for understandable reasons, if they dig in their heels there is real fiscal drag involved, we don't think that is is that is the likely scenario, we think it is much more likely they downsize the size of the cliff and maybe knock half of it off and work on the rest in early 2013, but the more important thing, tom, i think is the secular things they can do in...
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Dec 6, 2012
12/12
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CNBC
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. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> but why doesn't the market care? let's find out right now. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. solving the apple mystery. want to know what's behind apple's troubles this week? we here at "fast" have gotten to the bottom of the selloff. we'll tell you what it means. plus, freeport fizzles. the fine print on why the company's two big buys are raising big red flags. >>> and nat gas revolution, the government says exporting nat gas could be a game changer for america's economy, but at what cost? we'll take a deeper dive to find some answers. but first, our top story tonight. >>> everyone cares about the fiscal cliff, except, seemingly, the markets. just 25 days until the year end deadline and still no deal out of washington. still stocks quietly climb higher. the dow closing today at a one-month high. what gives? just an assumption that a deal -- >> it almost gets back to that you never short. we're all waiting for some type of closu
. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> but why doesn't the market care? let's find out right now. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. solving the apple mystery. want to know what's behind apple's troubles this week? we here at "fast" have gotten to the bottom of the selloff. we'll tell you what it means. plus, freeport fizzles....
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Nov 17, 2012
11/12
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CNBC
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>> this week in the fiscal cliff. >> it's because of the fiscal cliff. >> going off the fiscal cliff. >> fiscal cliff. >> looming cliff. looming cliff, one of my favorites. >> you've been watching this week in the fiscal cliff. >> it's a surprise. that's why we are throwing our surprise party tonight. have i overdone this yet? fiscal cliff. we're having a birthday cake, surprise cake. it's one of those that has ice cream. cvs barely budged the day it reported. almost like someone took a knife and stuck it into the outside surprise party. talk about a party pooper. what are these titanium balloons? inappropriate balloon moment there. scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. if we want to improve science. our schools... ... what should we invest in? maybe ne
>> this week in the fiscal cliff. >> it's because of the fiscal cliff. >> going off the fiscal cliff. >> fiscal cliff. >> looming cliff. looming cliff, one of my favorites. >> you've been watching this week in the fiscal cliff. >> it's a surprise. that's why we are throwing our surprise party tonight. have i overdone this yet? fiscal cliff. we're having a birthday cake, surprise cake. it's one of those that has ice cream. cvs barely budged the day it...
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Dec 21, 2012
12/12
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LINKTV
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their plan b is to slow what does over the fiscal cliff. for weeks they said they would make substantial expansions on spending cuts. i did my part. they have done nothing. >> the stalemate is moving the u.s. economy towards a so-called who fiscal cliff if agreement cannot be reached. it is expected to cause the economy to shrink close to 4% of gross domestic product. some fear it will lead to a recession. many economists are calling for a long-term deal to reform the tax system. let's get more from washington. why are they even voting on this plan? >> it is about leverage. it is about blame. the republicans want to be able to say, we passed a bill that would raise taxes on millionaires to keep tax rates the same for everyone who does not make $1 million a year. it was the democrats who vetoed it. if you look at the polls, the majority say the republicans will be to blame if the country goes over the fiscal cliff. this fiscal cliff is not thrown on the country. this was voted on by this congress. they have been fighting over the issue of th
their plan b is to slow what does over the fiscal cliff. for weeks they said they would make substantial expansions on spending cuts. i did my part. they have done nothing. >> the stalemate is moving the u.s. economy towards a so-called who fiscal cliff if agreement cannot be reached. it is expected to cause the economy to shrink close to 4% of gross domestic product. some fear it will lead to a recession. many economists are calling for a long-term deal to reform the tax system. let's...
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we go off the fiscal cliff or not. no it doesn't it's just a little more pain now or a whole bunch more later this fiscal cliff they're talking about it's like it just appeared there in front of us and the whole thing is that this trap was set back in between two thousand and one and two thousand and three when we had we started the war on terror the war on afghanistan the war in iraq. and so we increased deficit spending then we bush we did the bush tax cuts which borrows prosperity out of the future you're going to cut taxes so there's less revenues and that increases deficit spending there's less revenues coming in you're still doing the same levels of spending then we increased the levels of spending when we passed medicare part d. all these things together add up to what is happening today these choices that they're left with and one of the big problems here it's the total size of government the choice they will make is the choice to try and do a short term remedy and make next year a little bit easier by and not
we go off the fiscal cliff or not. no it doesn't it's just a little more pain now or a whole bunch more later this fiscal cliff they're talking about it's like it just appeared there in front of us and the whole thing is that this trap was set back in between two thousand and one and two thousand and three when we had we started the war on terror the war on afghanistan the war in iraq. and so we increased deficit spending then we bush we did the bush tax cuts which borrows prosperity out of the...
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Dec 4, 2012
12/12
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CNBC
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fiscal cliff buoyant because the fiscal cliff buoyant because the fiscal cliff is not that big of an issue. maybe that's why the averages once again refuse to drop dramatically, the dow falling 60 points. despite the obvious impasse i saw firsthand when i appeared on "meet the press" with david gregory this weekend, i know i've been interpreting the market's relative success through a difficult period. success is defined by no huge hammering like we had during the debt ceiling crisis as a sign that either perhaps people didn't understand what awaits them -- no no! or that there might be a deal on the horizon to avoid the fiscal cliff, the fact that the republicans put out an offer, like their old offer before the president won re-election, it does feel like the two sides are talking, but they appear to be talking past each other. the clock is really ticking in washington. ticking against a deal. i think the two sides seem to hate each other more than ever. i don't now, it seems like the last 72 hours i was hoping it was going to get better and it seems like it got worse. i spent a to
fiscal cliff buoyant because the fiscal cliff buoyant because the fiscal cliff is not that big of an issue. maybe that's why the averages once again refuse to drop dramatically, the dow falling 60 points. despite the obvious impasse i saw firsthand when i appeared on "meet the press" with david gregory this weekend, i know i've been interpreting the market's relative success through a difficult period. success is defined by no huge hammering like we had during the debt ceiling crisis...
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Dec 28, 2012
12/12
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FBC
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a number of companies will, you know, dive over the fiscal cliff, and i'm tired of the "fiscal cliff" term, pardon me, it's a manmade term, the fc, whatever happens january 1st. here's why they get sales from government contracts. that's the deal. it's not just the lockheed martins of the world. you'll see in here, humana, other health care companies, of course, medical device companies hit with the tax, but they have striker, for example, and there's a lot of sales from government contracts. you'll see in here, look at that, motorola, holdings in and waste management companies like waste management and republic services, ashley. ashley: what are the stock prices on the companies, iz? >> good point. goldman sachs warned since 2011 when that debt ceiling crisis hit in the summer of 2011 that triggered the fiscal cliff learning that the companies could under perform, but there's another wall street player, and that's fidelity saying watch for the banks, not just because they are under pressure as they track the general economy, but it's because business capital spending is down as of th
a number of companies will, you know, dive over the fiscal cliff, and i'm tired of the "fiscal cliff" term, pardon me, it's a manmade term, the fc, whatever happens january 1st. here's why they get sales from government contracts. that's the deal. it's not just the lockheed martins of the world. you'll see in here, humana, other health care companies, of course, medical device companies hit with the tax, but they have striker, for example, and there's a lot of sales from government...
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Dec 10, 2012
12/12
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KQED
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. >> it has probably not escaped your attention that the mantra "fiscal cliff, fiscal cliff, fiscal cliff" is played out every night on the evening news and the corporate news. what does that say to you? that you'd get "fiscal cliff, fiscal cliff," but not "job crisis, job crisis, job crisis"? >> it tells me, quite frankly, that many of these people, who by the way did not have much to say about the deficit when we went to war in iraq and afghanistan and didn't pay for it, i didn't hear from any people in the media complaining about that. what it tells me is that behind the corporate drive for deficit reduction is a significant effort to try to cut social security, medicare, and medicaid and other programs that working families need, not so much because of deficit reduction, because this has been the agenda of republicans and right wingers for a very long time. >> so how do you see this fiscal debate playing out in the next couple of weeks? >> we have, those of us who say that deficit reduction is a serious issue, i believe it is. but believe very strongly that at a time when we have the
. >> it has probably not escaped your attention that the mantra "fiscal cliff, fiscal cliff, fiscal cliff" is played out every night on the evening news and the corporate news. what does that say to you? that you'd get "fiscal cliff, fiscal cliff," but not "job crisis, job crisis, job crisis"? >> it tells me, quite frankly, that many of these people, who by the way did not have much to say about the deficit when we went to war in iraq and afghanistan...
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Nov 23, 2012
11/12
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KRCB
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. >> susie: a critical issue in this fiscal cliff debate: jobs. if the government cuts spending and rais taxes all at once on january 1, the economy will lose 2.5 million job sylvia hall reports. >> reporter: in this baltimore lab, dr. curt civin researches leukemia in search of a cure. it's hardly a political job, but these days he's keeping a close eye on the federal budget. you see, the sequester-- the severe spending cuts headed our way in january-- could affect him. if it takes affect, it will cut an estimated $2.5 billion from the national institutes of health. dr. civin and researchers like him depend on grants from the institutes for funding. >> it's tough enough to cure cancer. tough battle. going to take a long time. to cut the funding, to have unevenness, to take a project all the way, and then say, "well, we can't scale this up the way we should, or even maintain it the way we should?" how can we do that. and it's not good for us. >> reporter: dr. civin says labs across the country may have to lay people off if their grants are defunde
. >> susie: a critical issue in this fiscal cliff debate: jobs. if the government cuts spending and rais taxes all at once on january 1, the economy will lose 2.5 million job sylvia hall reports. >> reporter: in this baltimore lab, dr. curt civin researches leukemia in search of a cure. it's hardly a political job, but these days he's keeping a close eye on the federal budget. you see, the sequester-- the severe spending cuts headed our way in january-- could affect him. if it takes...
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Nov 25, 2012
11/12
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FBC
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cliff, fiscal cliff, it could be the-- i don't know intimidation factor, it could actually be worse than going over the cliff. >> i think that's a brilliant point, charles. if we went over the cliff for a few months the impact would not be enormous, and uncertainty is a bad word and fear is a really, really bad words and these are the words that govern the economy today and imperative that democrats put their heart and soul into a compromise. absolutely imperative. >> dagen, what do you think about this? >> i think you cannot dismiss this, particularly if you're on the left of something as hocus-pocus and fear mongering, you can look, the list of companies that are bulge back spending and some of t biggest names in the ideas, whether it's a wal-mart, ford, disney, you name it. no company is going to commit new money to new jobs if ne don't know what's going to happen in a matter of weeks. >> and charlie, this is the kind of spending that h long-term ramifications not building factories, not buying building, long-term ramifications. >> we should make a point here, these companies a n
cliff, fiscal cliff, it could be the-- i don't know intimidation factor, it could actually be worse than going over the cliff. >> i think that's a brilliant point, charles. if we went over the cliff for a few months the impact would not be enormous, and uncertainty is a bad word and fear is a really, really bad words and these are the words that govern the economy today and imperative that democrats put their heart and soul into a compromise. absolutely imperative. >> dagen, what do...
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Nov 9, 2012
11/12
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KPIX
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>> the so-called fiscal cliff. >> the so-called fiscal cliff. >> the impending fiscal cliff. >> it's a cliff. and not going over it depends on cooperation in washington. so why worry, right? cbs 5 reporter elizabeth cook walks us to the precipice and looks over the edge. liz? >> reporter: in reality, the fiscal cliff is a deadline for congress and the president to reach a deal on the bush-era tax cuts. if you think this is something that just affects folks in washington, think again. the average household could pay an extra 2- to 3,000 in taxes. 1200 programs could be cut and it could increase the unemployment rate from 7.9 to 9%. for others, it could actually be worse. take a single mother with two kids making $50,000 a year. if we go over the fiscal cliff, she'll pay an extra $1,000 for an increase in social security taxes. and more than $1,000 because the bush-era income tax cuts are set to expire, meaning an extra $3,000 out of her paycheck next year. today, vice president biden predicted the two sides will come up with a solution. >> we're not going over the cliff. we're determi
>> the so-called fiscal cliff. >> the so-called fiscal cliff. >> the impending fiscal cliff. >> it's a cliff. and not going over it depends on cooperation in washington. so why worry, right? cbs 5 reporter elizabeth cook walks us to the precipice and looks over the edge. liz? >> reporter: in reality, the fiscal cliff is a deadline for congress and the president to reach a deal on the bush-era tax cuts. if you think this is something that just affects folks in...
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Dec 10, 2012
12/12
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CNBC
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>>> the clock is running out on the fiscal cliff. i'll talk to the former cabinet secretary who says going over the cliff is better than getting a bad deal. >>> the auto industry is back. what it's doing right in a soft economy? we'll find out what's driving profitability. >>> curtain's up on the billion dollar woman who made the lion roar, julie taymor. >> we never had a complaint about it. >> "the wall street journal report" begins right now. now, maria bartiromo. >> here's a look at what's making news. some surprisingly good news about america's economy. the labor department says 146,000 new jobs were created in the month of november. much better than economist's expectations. the unemployment rate dropped two tenth of a% at 7.7%. the labor department also says superstorm sandy had little effect on those numbers. >>> the markets continued their familiar pattern of following the latest word or words or hopes on fiscal cliff. no major moves during the week but several times the market ran out of steam to the end of the trading sessi
>>> the clock is running out on the fiscal cliff. i'll talk to the former cabinet secretary who says going over the cliff is better than getting a bad deal. >>> the auto industry is back. what it's doing right in a soft economy? we'll find out what's driving profitability. >>> curtain's up on the billion dollar woman who made the lion roar, julie taymor. >> we never had a complaint about it. >> "the wall street journal report" begins right now....
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Oct 21, 2012
10/12
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CNBC
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and fiscal cliff? >> the imf has been warning for quite a while about the uncertainty risk associated with the fiscal cliff and the debt ceiling, both of them. this uncertainty will increase as we get closer to year end and it is a concern. it is a concern because investors, households, people who want to buy a house, make an investment, hire people, would like to know what the environment is going to be like and what the fiscal deficit momentum and process will be in 2013 and more importantly, going forward so that they appreciate exactly what environment they will be in and what tax rates will apply and what loopholes will survive or not. >> which is why increasingly we hear executives managers of businesses say they are going to sit on the money because they don't know what's to come. do you think after the u.s. election we'll have more clarity? when will things loosen up? >> as soon as possible would be desirable is all i can say. >> my thanks to christine lagarde. up next, the man behind sam a m a
and fiscal cliff? >> the imf has been warning for quite a while about the uncertainty risk associated with the fiscal cliff and the debt ceiling, both of them. this uncertainty will increase as we get closer to year end and it is a concern. it is a concern because investors, households, people who want to buy a house, make an investment, hire people, would like to know what the environment is going to be like and what the fiscal deficit momentum and process will be in 2013 and more...
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Nov 24, 2012
11/12
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FOXNEWSW
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. >> david: ready to go fiscal cliff diving? apparently a lot of businesses and shoppers are already afraid of the fall. i'm charles payne in for neil cavuto. with the holiday shopping season underway a lot of consumers are saying no way. and more than half saying the uncertainty around the fiscal cliff will impact their spending and job creators are cutting back on spending and a bad deal for the economy? well, let's ask. ben stein, dagen mcdowell, charlie gasperino and gary k. want to start with you. bad deal for all of us? >> of course, look, business investment was already down last quarter over 1%, and the word uncertainty just pervades the air and its business, its consumer, how about philanthropic organizations don't no what kind of write-offs for charity and the worst the outcome is probably going to be more, and taxes are going to go up and of course there will be no spending cuts. >> and ben, it does sound ominous, even if you're not someone who reads the wall street journal, the fiscal cliff, fiscal cliff, it could be
. >> david: ready to go fiscal cliff diving? apparently a lot of businesses and shoppers are already afraid of the fall. i'm charles payne in for neil cavuto. with the holiday shopping season underway a lot of consumers are saying no way. and more than half saying the uncertainty around the fiscal cliff will impact their spending and job creators are cutting back on spending and a bad deal for the economy? well, let's ask. ben stein, dagen mcdowell, charlie gasperino and gary k. want to...
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Oct 21, 2012
10/12
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WBAL
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. >> what about the fiscal cliff? we are obviously going off the fiscal cliff at the end of the year when the tax cuts expire. we will see a huge tax increase for 90% of the country. k, all income levels and the spending programs get cut, as well. that may lead to layoffs. are you expecting that to lead to a recession in 2013? >> no. no. i clearly -- we're not going to go off the fiscal cliff. i think the fiscal cliff is very significant. i don't think they will necessarily resolve it early on. it represents a breakdown of civility in some ways, in the way the budgets are passed, break from tradition, even if they get by this, i worry about what that breakdown in tradition will do in the future. hopefully, we won't commit economic suicide by actually putting in all of that tightening so quickly. i certainly care about the budget deficits, but, you know, that's not the way to do business. i'd like to see something like simpson bowls getting rid of a lot of deductions, keeping rates low, trying to cut some spending. bot
. >> what about the fiscal cliff? we are obviously going off the fiscal cliff at the end of the year when the tax cuts expire. we will see a huge tax increase for 90% of the country. k, all income levels and the spending programs get cut, as well. that may lead to layoffs. are you expecting that to lead to a recession in 2013? >> no. no. i clearly -- we're not going to go off the fiscal cliff. i think the fiscal cliff is very significant. i don't think they will necessarily resolve...
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Nov 16, 2012
11/12
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CNBC
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you know what, fiscal cliff, no fiscal cliff, we're still having an amgen party here. inappropriate balloon moment there. they make all kinds of drugs for many serious illnesses. it has seven products in development that are starting phase three clinical trials in the early part of next year. phase three means it's getting near fruition. amgen could double earnings per share over the next eight years. that is much better than a sharp stick in the retina. amgen reported on october 23rd after the close and the company delivered spectacular results and was a true triple play. earnings came in $1.67, and revenues 5.9% year over year. when the street was looking for $4.25 billion. management's four-year guidance, substantially higher than the analysts expecting. those were fabulous numbers. no surprise that the stock shot up from $87.32, to nearly $90 in after hours trading. however, the next day amgen started to come back down, and since then, courtesy of the fiscal cliff, the stock is only going further downhill. it's down 6.3% from its highs after doing everything we wan
you know what, fiscal cliff, no fiscal cliff, we're still having an amgen party here. inappropriate balloon moment there. they make all kinds of drugs for many serious illnesses. it has seven products in development that are starting phase three clinical trials in the early part of next year. phase three means it's getting near fruition. amgen could double earnings per share over the next eight years. that is much better than a sharp stick in the retina. amgen reported on october 23rd after the...
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Sep 15, 2012
09/12
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CNBC
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>> and now jim cramer explains the pending fiscal cliff. >> the fiscal cliff, the fiscal cliff, the fiscal cliff is coming! >> this has been jim cramer explains the pending fiscal cliff. >> how do they have their hands when they go? now that fashion week is in full swing in new york city, i think this is the perfect time to circle back to some of the retailers that are really nailing it on the fashion side of the equation. ♪ michael kors. kors is almost too sexy for itself. the next fashionista on our catwalk, it's gap. ♪ ♪ gucci, fendi >> phenomenal. how about nordstrom's. fourth, we've got urban outfitters. ♪ and our final fashionista, lululemon. ♪ [ laughter ] >> loved it, right? loved it. >>> back to school season is very much upon us. that means before we answer your tweets and e-mails, you got to do some homework. so let's get at it. here is what i am handing in a little late. we took some time off. it's august 15th. todd from north carolina asked about us stonemor partners, stom. there are only two things certain in this country, death and taxes and stonemor is available i
>> and now jim cramer explains the pending fiscal cliff. >> the fiscal cliff, the fiscal cliff, the fiscal cliff is coming! >> this has been jim cramer explains the pending fiscal cliff. >> how do they have their hands when they go? now that fashion week is in full swing in new york city, i think this is the perfect time to circle back to some of the retailers that are really nailing it on the fashion side of the equation. ♪ michael kors. kors is almost too sexy for...
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Dec 17, 2012
12/12
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WUSA
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fiscal cliff. the fiscal cliff soap box. come on through. how you doing? all right, people, step up. the fiscal cliff soap box. we'll give you this beautiful 9news travel mug if you talk to us. here we go. step right up. do you worry about your taxes going ?up. >> i'm not wealthy so no. >> reporter: if we go off the cliff, taxes will go up on everybody. >> everybody? >> reporter: everybody. tell the politicians what you think of them. >> my name is lou weinstein and i write novels. no one wants to hold up a tax cut for most people in this country so the richest people can avoid paying their fair share. it's absurd. happy to pay the additional taxes if he agrees not to spend any more than he already has. >> reporter: come on. give me a break. >> of course the rich will have to pay more. they could certainly suck it up. >> i don't know what that means. >> one party can't add and the other party are too much wooses. >> reporter: the fiscal cliff? >> there's money problems. >> please don't film me. >> republicans can't add and the democrats are woosies. i'm no
fiscal cliff. the fiscal cliff soap box. come on through. how you doing? all right, people, step up. the fiscal cliff soap box. we'll give you this beautiful 9news travel mug if you talk to us. here we go. step right up. do you worry about your taxes going ?up. >> i'm not wealthy so no. >> reporter: if we go off the cliff, taxes will go up on everybody. >> everybody? >> reporter: everybody. tell the politicians what you think of them. >> my name is lou weinstein...